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Showing 4 of 4 results by StopTheFUD
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Board Altcoin Discussion
Re: NEO - The Ethereum of China (Invest before you regret)
by
StopTheFUD
on 06/09/2017, 03:03:08 UTC
I don't see NEO recovering now in the near future as it is banned from doing ICOS, so NEO will become probably defunct sooner or later, unless China decides to relax and regulate the laws a little bit. If the blanket ban on ICOS continues, then Neo is having an early funeral.


Among the doom and gloom here's what I don't get:

1.  China has banned/made illegal ICOs for now.  But isn't the general feeling this was a step that will lead to regulation ... eventually opening up a more legitimate ICO market place?

2.  If a start up in Spain (or pick your country) wanted to use NEO as the platform for an ICO the Chinese could stop this?  Certainly the government could ban its citizens from participating... but why can't 99% of the rest of the world still use NEO as an ICO platform?  I guess the government could arrest the NEO team thus ending everything... but seems go me the government is essentially trying to protect it's citizens  (scam ICOs).  With NEO itself being based in China... it's unclear how far the govt tentacles can reach with regard to this?

As a side note... Red Pulse (Hong Kong) has delayed their ICO but still hasn't cancelled it.  Interesting to see what ultimately happens there. 

2. I doubt any serious start up in Spain would:
a) Decide to do something risky like this. Neo is not a public blockchain. Neo is totally under control of the Neo team (or rather onchain ? which btw is also involved in an exchange...), and thus by extension of the Chinese government.
b) Use such a problematic platform in the first place. Neo is going in the very wrong direction of being under control of the NEO team. Blockchain systems were developed to get away from this.
BTW it's very clear how far the government can reach. It can just shut down the whole Neo project whenever it wants.
Post
Topic
Board Altcoin Discussion
Re: NEO - The Ethereum of China (Invest before you regret)
by
StopTheFUD
on 05/09/2017, 08:58:54 UTC
I'll address/comment on the misinformation from the poster below, mostly in red.

As I write this thread, the price of NEO the so called Ethereum of China is rising and its rising sharp. Many of us had that wish if we had bought ETH when it was cheap 20-50$ to get massive gains. Its not too late.
You can still invest in NEO, to make that happen. If this coin help in profiting others why not share it Smiley

Some of the main reasons why NEO will go to moon is as follows (Courtesy: EthereumAdvocate)

-Microsoft on board Lie
-Multiple coding languages, not just one, no need to learn new coding (Solidity). This sucks, makes it hard to ensure smart contracts are safe and bug free. (Obviously they will need to get checked at some point)
-Tacit acceptance by Chinese authorities. More like under their radar
-Chinese government intention in supporting/utilising smart contracts to secure/designate real world assets. has nothing to do with NEO
-Chinese desire/support for home grown product (Both Govt and populace). lol, are you taking yourself serious?
-Ease of purchase by Chinese on their exchanges. has nothing to do with neo, oh and as of now chinese exchanges are in problematic stage
-Greater awareness of product in China than other external options (Excluding ETH) lol, that's whishful thinking
-Rest of world awareness of product and how it offers a different option to Ethereum. Yeah, it's not a public blockchain from what I can tell and the company can do whatever they feel like ie. double the token amount(devalue your tokens), this also means that ultimately you are at the mercy of the Chinese government and the company
-Still viable and accessible via Bittrex to investors outside China. Lol, most of the trade of NEO is on Bittrex, this together with binance (81% western market according to them) accounts for more than 2/3 of the actual NEO market, yeah exactly, not Chinese money but westerners hold the most NEO by far!
-This is attractive to those that cannot/do not wish to use Solidity / Ethereum, provides another smart contract option.
-Could also be used for smart contracts in addition to/with Ethereum smart contracts from a risk management (hybrid) perspective.
-Shaping up as the best contender to take market share from Ethereum for smart contracts. LOL
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LINDA-PoW/PoS-99% APR- MASTERNODE-MULTI-WALLET
by
StopTheFUD
on 25/07/2017, 08:42:36 UTC
@TidusQQ

Can you facilitate a contact between me and that guy you were talking to on the screenshot? I would like to talk to him and see if we can fix this together. If there was/is a fake dev trying to rip people off we can still fix things for everyone and make this work.



     You will be wasting your time to do so if you thinking you want to take over the coin. Despite the post/,update we are making to let people know we are working to resolve the issue still you did not appreciate it. You want us to promise you heaven and either, right?
Why are you so aggressive? I said if you are a "fake dev". If not all is fine. I am certainly not planing to waste my time. Just fix the issues and everything will be fine.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LINDA-PoW/PoS-99% APR- MASTERNODE-MULTI-WALLET
by
StopTheFUD
on 25/07/2017, 02:54:44 UTC
@TidusQQ

Can you facilitate a contact between me and that guy you were talking to on the screenshot? I would like to talk to him and see if we can fix this together. If there was/is a fake dev trying to rip people off we can still fix things for everyone and make this work.